California Revenue and Taxation Code

§ 12103

Name: California Superior Court Tentative Rulings
Creator: DecisionDepot
License: https://creativecommons.org/licenses/by-nc/4.0/

RTC § 12103Div. 2 · Part 7 · Ch. 2 · Art. 2

Statute text

View on leginfo.ca.gov

Except as otherwise provided in Section 12105, the tax shall be computed each year upon the average annual underwriting profit of the insurer from ocean marine insurance during the preceding three calendar years.

Legislative history

Added by Stats. 1961, Ch. 740.